Fortinet Lifts 2026 Billings Outlook to $9.568B-$9.718B

Fortinet raised its 2026 billings outlook, setting a range of $9.568 billion to $9.718 billion.

Billings rose 29% year over year to $2.34 billion in the quarter ended Sept. 30. Revenue increased 20% to $2.08 billion, while product revenue grew 37% to $765 million.

Ken Xie, Fortinet’s founder, chairman and CEO, said the results reflected “strong execution and broad-based demand.”